https://ciohub.org/categories/insurance-tech/ Recent content in Insurance Tech on CIO Insight Hub https://ciohub.org/img/og.png https://ciohub.org/img/og.png Hugo -- 0.136.5 en Sat, 13 Nov 2021 08:00:00 +0800 https://ciohub.org/post/2021/11/monitoring-and-alerting-in-cyber-insurance/ Sat, 13 Nov 2021 08:00:00 +0800 https://ciohub.org/post/2021/11/monitoring-and-alerting-in-cyber-insurance/ <h2 id="the-growing-threat-of-cyber-attacks-and-the-need-for-cyber-insurance">The Growing Threat of Cyber Attacks and the Need for Cyber Insurance</h2> <p>In today&rsquo;s digital age, businesses are increasingly relying on technology to store and process sensitive information. However, this has also made them more vulnerable to cyber attacks. According to a report by Cybersecurity Ventures, the global cost of cybercrime is expected to reach $10.5 trillion by 2025. This highlights the need for businesses to have adequate protection measures in place, including cyber insurance.</p>